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UTI Asset Management Company Limited Announces Unaudited Financial Results for Q1 2024

Mumbai, July 26, 2024 – UTI Asset Management Company Limited (UTI AMC) has announced its unaudited financial results for the quarter ended June 30, 2024. The company has published the financial data in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were disclosed in 'The Economics Times' (English) and 'Maharashtra Times' (Marathi).

Financial Performance Highlights

Consolidated Financial Results (Rs in Crore)

Particulars	Q1 Ended June 30, 2024	FY Ended March 31, 2024	Q1 Ended June 30, 2023
Total Income from Operations	529.22	1736.96	467.77
Net Profit Before Tax	341.32	986.84	288.42
Net Profit After Tax	254.17	765.68	234.41
Total Comprehensive Income	261.99	791.55	217.90
Earnings Per Share (Basic) (Rs)	19.97	60.26	18.46
Earnings Per Share (Diluted) (Rs)	19.91	60.22	18.46

Standalone Financial Results (Rs in Crore)

Particulars	Q1 Ended June 30, 2024	FY Ended March 31, 2024	Q1 Ended June 30, 2023
Total Income from Operations	386.56	1337.31	352.45
Net Profit Before Tax	248.56	765.96	214.30
Net Profit After Tax	185.81	600.52	164.50
Total Comprehensive Income	193.17	581.81	148.01
Earnings Per Share (Basic) (Rs)	14.60	47.26	12.95
Earnings Per Share (Diluted) (Rs)	14.55	47.23	12.95

The financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors on July 25, 2024. The results have also undergone a limited review by the Statutory Auditors.

Newspaper Publications

The detailed unaudited financial results for Q1 2024 were published in:

• The Economics Times (English)
• Maharashtra Times (Marathi)

Official Announcement

In the official announcement, UTI AMC stated, "The unaudited financial results for the quarter ended June 30, 2024, have been reviewed by the Audit Committee and approved by the Board of Directors. The results have been subjected to a limited review by the Statutory Auditors of the Company."

The full format of the quarterly financial results is available on the websites of:

• BSE Limited: www.bseindia.com
• National Stock Exchange of India Limited: www.nseindia.com
• UTI Mutual Fund: www.utimf.com

Company Information

Contact:

• Company Secretary & Compliance Officer: Arvind Patkar
• Membership No.: ACS 21577
• Email: cs@uti.co.in
• Website: www.utimf.com

Registered Office:

• UTI Tower, GN Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051
• Tel: 022-6678 6666

Conclusion

UTI AMC remains committed to maintaining transparency and regulatory compliance in its financial reporting. Stakeholders and interested parties are encouraged to review the detailed financial results on the company's website or through the stock exchanges.

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